Search results

I would say that the best pair to trade is EUR/USD in FX. This is because the EUR/USD pair has the tightest spreads and is the most liquid currency pair. And yes it is quite predictable too. What do you prefer?

I am just curious to know which strategy will work with ichimoku because I haven't tried this yet.

10 days is a long time, I usually receive my funds from coinexx within a couple of hours after getting processed. I use btc as payment mode, which mode are you using?

It’s perfectly alright to lose money in the forex market. But when we lose, we must consider it a lesson in our journey and not a ‘downer’ through comparison with other forex traders. When we lose money, it is just a subtle direction for us to change the course of our trading direction and...

I’d advise you to increase the scope of your knowledge and hone your trading skills. This is only the way to be a profitable forex trader in the long run.

Hey! I am pleased that I came across this thread. So, really it has been a year. I would like to hear about your trading experience till now.

Being greedy was my biggest mistake ever. I always intended to make easy money and tried to gamble. As a result, I blew up my account. I understood that in forex we cannot be profitable until we have enough knowledge, skills, and experience. This is why I decided to work hard in learning about...

There are Major, Minor, and Exotic pairs in the forex market. Novice traders should always go with the pairs that are high in liquidity and low in volatility, such as majors. Because of its low volatility, tight spreads, and high volume, EURUSD is the most popular and also my favourite pair...

Since you’re starting your forex trading journey, I’d suggest that you should focus on acquiring as much knowledge as possible from reliable sources such as babypips school of pipsology, udemy forex a-z course, and more. Also, it’s important to practice simultaneously on a demo to consolidate...

The flexible trade timings is the most lucrative trait of forex trading. I have a 9-5 job and trade when I have free time.

In the forex market, there isn't one thing that makes you successful. To begin, keep in mind that success is directly linked to the amount of effort you put in; therefore, practise your methods as much as possible on a demo account. Along with this, you need to understand the strategies and...

I won’t suggest scalping to a beginner. Scalping is highly risky as small unnoticeable losses can pile up and become significant if the trader does not have the right trading knowledge and skills.

Hello! Welcome to the community. Please feel free to ask and share your trading experiences.

Forex knowledge is never enough. You will find yourself getting a new lesson every day. Keep a trading journal where you can mention about your trades and how you have been doing

You can learn from any source of information and practice it on a demo account t. All that would matter in the end is how well you make use of the information you have and how you can use your strategies.

Trading needs long hours of learning, hard work, and patience with a couple of other things. one can not have these all without a dedication towards forex trading. If you are dedicated enough. it will be easier for you to handle the complexities of trading.

Your knowledge, skills, expertise, discipline, and mindset all together make you a good trader. You need each and every quality mentioned above to be a good trader in the forex world.

Well stated. These are some really important factors that can help not only beginners but all traders in general to save money.

It is important to build a good strategy in order to make profits in forex. A good trading strategy should include the latest technical analysis along with fundamental analysis, a concrete timeframe, risk management, and should be executed with the right trading psychology.

You can start by covering basics on Babypips.com. Once you complete the course, open a demo account and start practising. Trading is a practical skill. There is only one way to get better at it, i.e., by trading. So, trade on a demo account for a while and then move to a live account. Whether...